https://www.taxtmi.com/caselaws?id=53808 The Appellate Tribunal CESTAT, New Delhi accepted the appeals against duty demand and penalties for misdeclaration of goods and evasion of duty. The tribunal found the evidence insufficient to prove misdeclaration, emphasizing the lack of corroborative and tangible evidence. It ruled that allegations were not substantiated due to the absence of evidence regarding zinc content in the goods supplied. The tribunal also dismissed the issue of undervaluation through related party transactions, concluding that the impugned order could not be sustained against any of the appellants. The appeals were accepted with consequential relief granted in accordance with the law. en-us Thu, 06 Jan 2005 00:00:00 +0530 Fri, 15 Oct 2010 12:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53808 The Appellate Tribunal CESTAT, New Delhi accepted the appeals against duty demand and penalties for misdeclaration of goods and evasion of duty. The tribunal found the evidence insufficient to prove misdeclaration, emphasizing the lack of corroborative and tangible evidence. It ruled that allegations were not substantiated due to the absence of evidence regarding zinc content in the goods supplied. The tribunal also dismissed the issue of undervaluation through related party transactions, concluding that the impugned order could not be sustained against any of the appellants. The appeals were accepted with consequential relief granted in accordance with the law. Case-Laws Central Excise Thu, 06 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53808